Iron Mountain (IRM) reported Q4 adjusted funds from operations Thursday of $1.24 per diluted share, up from $1.11 a year earlier.
Three analysts polled by FactSet expected $1.21.
Revenue for the quarter ended Dec. 31 was $1.58 billion, up from $1.42 billion a year earlier.
Analysts surveyed by FactSet expected $1.60 billion.
The company expects 2025 adjusted funds from operations of $4.85 to $4.95 on revenue of $6.65 billion to $6.80 billion. Analysts surveyed by FactSet expect AFFO of $4.91 per share and revenue of $6.77 billion.
Iron Mountain also raised its quarterly dividend to $0.785 a share, payable April 4 to holders of record as of March 17.